{"id":132135,"date":"2024-08-28T13:15:12","date_gmt":"2024-08-28T07:45:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=132135"},"modified":"2024-08-28T13:15:16","modified_gmt":"2024-08-28T07:45:16","slug":"stock-hits-5-upper-circuit-after-it-sets-record-date-for-11-stock-split","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-sets-record-date-for-11-stock-split\/","title":{"rendered":"Stock hits 5% upper circuit after it sets record date for 1:1 stock split\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2043573963\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>In the morning trading session of Wednesday, the shares of a company in the business of providing consulting services hit a 5% upper circuit at Rs. 103.95 on BSE, after the Board of the company fixed the record date for a 1:1 stock split.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3280595418\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalisation of Rs. 30.5 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/530805\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Onesource Ideas Venture Limited<\/a><\/strong> opened in the green at Rs. 103.95, compared to its previous closing price of Rs. 99.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s the News:&nbsp;<\/strong><\/h2><p>As per the latest regulatory filings with the BSE, the Board of Onesource Ideas Venture Limited has fixed 13th September as the Record date for the purpose of sub-division of the equity shares.&nbsp;<\/p><p>On 18th July, the company\u2019s Board approved the stock split in a 1:1 ratio, which means that every <strong>1 <\/strong>equity share having a face value of Rs. 10 each will be divided into <strong>1 <\/strong>equity share having a face value of Re. 1 each.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1677182628\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"ajPAJFiTju\"><a href=\"https:\/\/tradebrains.in\/features\/navratna-stock-jumps-15-after-companys-board-to-consider-bonus-issue\/\">Navratna stock jumps 15% after company&#8217;s board to consider bonus issue\u00a0<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Navratna stock jumps 15% after company&#8217;s board to consider bonus issue\u00a0&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/navratna-stock-jumps-15-after-companys-board-to-consider-bonus-issue\/embed\/#?secret=lZNGkIYxPt#?secret=ajPAJFiTju\" data-secret=\"ajPAJFiTju\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><\/blockquote><p>The stock split was aimed at increasing the liquidity of the company\u2019s shares, making them more affordable for individual retail investors, and expanding the shareholder base.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials:&nbsp;<\/strong><\/h2><p>The company experienced a significant growth in its revenue from operations, showing a year-on-year rise of around 10725% from Rs. 0.04 crores in Q1 FY24 to Rs. 4.33 crores in Q1 FY25.&nbsp;<\/p><p>Similarly, its net profit grew during the same period from Rs. 0.04 crores to Rs. 0.11 crores, indicating a rise of nearly 175 percent YoY.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Performance:&nbsp;<\/strong><\/h2><p>The shares of Onesource Ideas Venture delivered positive returns of nearly 54.2 percent in one year as well as around 10.4 percent returns in the last six months.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company:&nbsp;<\/strong><\/h2><p>Onesource Ideas Venture Limited operates as a financial and corporate advisory company, and offers investment banking services, including mergers and acquisitions, business and financial restructuring, turnaround strategies, acquisition finance, strategic management, foreign collaborations, business viability studies, internal audit, and regulatory compliance services.\u00a0<\/p><p><strong>Written by Shivani Singh&nbsp;<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2626717780\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"HYB9jm3XT3\"><a href=\"https:\/\/tradebrains.in\/features\/solar-pump-stock-jumps-9-after-receiving-orders-worth-11-89-cr-for-cavity-pumps\/\">Solar pump stock jumps 9% after receiving orders worth \u20b9 11.89 Cr for cavity pumps<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Solar pump stock jumps 9% after receiving orders worth \u20b9 11.89 Cr for cavity pumps&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/solar-pump-stock-jumps-9-after-receiving-orders-worth-11-89-cr-for-cavity-pumps\/embed\/#?secret=N62osVWLGj#?secret=HYB9jm3XT3\" data-secret=\"HYB9jm3XT3\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-706343807\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>In the morning trading session of Wednesday, the shares of a company in the business of providing consulting services hit a 5% upper circuit at Rs. 103.95 on BSE, after the Board of the company fixed the record date for a 1:1 stock split.&nbsp; With a market capitalisation of Rs. 30.5 crores, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[21989,21988,21990,17244,948,936,21991],"class_list":["post-132135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-onesource-ideas-venture-latest-news","tag-onesource-ideas-venture-share-price","tag-onesource-ideas-venture-stock-split","tag-stock-hits-5-upper-circuit","tag-stock-market","tag-stock-market-news","tag-why-is-onesource-ideas-venture-share-price-increasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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